New ListingPositioned along the vibrant Temple Street corridor near Echo Park, Silver Lake, and Downtown Los Angeles, 1361 W. Temple Street presents a compelling five-unit multifamily investment with value-add potential. Occupying a corner lot, the property features a four-unit building facing W. Temple Street and a detached bungalow facing Douglas Street. Separately metered for gas and electricity, this five-plex offers opportunities for investors seeking rental income and long-term growth, as well as buyers considering owner-occupancy. Conveniently located near dining, shopping, entertainment, and major employment centers, the property combines a central Los Angeles location with the potential to enhance the existing units and explore future possibilities. The next-door property is also currently on the market, presenting an opportunity to acquire both properties and assemble a larger site for potential future redevelopment. This additional possibility broadens the appeal for buyers pursuing a larger investment or development strategy. Capitalize on the possibilities at 1361 W. Temple Street by enhancing a five-unit investment by pursuing a larger vision with the neighboring property. Contact us today to explore the opportunity and schedule a private showing. Acquisition of the neighboring property is separate; any assemblage, redevelopment, mixed-use plans, rent adjustments, or owner-occupancy are subject to applicable regulations, zoning verification, and required approvals.
| MLS # | 26107136 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Listing Provided By | Serhant California, Inc | Eduardo Bravo |
| SQ Feet | 3,546 |
|---|---|
| Story(s) | 2 |
| Zoning | LACW |
| Acreage | 0.08 |
| Lot Features | Corner Lot |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,198,000 low | high Med: $1,000,000 sqft: 3,546 low | high Med: 3,772 $ / sqft: $338 low | high Med: $331 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,198,000 low | high Med: $1,000,000 sqft: 3,546 low | high Med: 3,772 $ / sqft: $338 low | high Med: $331 | |